Gold$2,045.30+0.52%
Silver$23.84-0.18%
Copper$3.85+1.23%
Platinum$912.40-0.33%
Iron Ore$118.50+2.14%
Nickel$16,892-0.89%
Steppe Gold Ltd. logo

Steppe Gold Ltd.

STGO.TOSmall CapGold

Price History

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About Steppe Gold Ltd.

Steppe Gold is Mongolia's leading gold producer, operating the ATO mine in Dornod province and the Boroo mine acquired in 2024, with combined production targeting over 80,000 to 90,000 ounces annually and a Phase 2 expansion at ATO expected to double capacity to approximately 100,000 ounces per year. The company has produced over 100,000 ounces cumulatively from its flagship ATO mine and is targeting over 160,000 ounces annually upon full expansion.'s leading gold producer, operating the ATO mine in Dornod province and the Boroo mine acquired in 2024, with combined production targeting over 80,000 to 90,000 ounces annually and a Phase 2 expansion at ATO expected to double capacity to approximately 100,000 ounces per year. The company has produced over 100,000 ounces cumulatively from its flagship ATO mine and is targeting over 160,000 ounces annually upon full expansion.

Primary Commodities

Gold

Project Economics

Boroo

Gold· Mongolia· Production
Feasibility
Feb 2024
NPV (After-Tax) @ 5%$152M
NPV (Pre-Tax)$191M
Mine Life8 yrs
Recovery68.5%
Mine TypeOpen-pit
Ownership100%
Contained Metal805 koz Au
Mineral Reserves
Proven & Probable: 24,346,000 tonnes at 0.72 g/t Au for 567,000 oz (as of Jan 1, 2024)
Mineral Resources
Measured & Indicated: 44,000 kt at 0.57 g/t Au for 805,000 oz; Inferred: 1,300 kt at 0.789 g/t Au for 33,000 oz (as of Jan 1, 2024)
Royalties / Streams
5% mining royalty for gold

Ulaanbulag

Gold· Mongolia· Development
Resource Estimate
Jan 2024
Mine TypeOpen-pit
Ownership100%
Mineral Reserves
Proven & Probable: 2,172,000 tonnes at 1.3 g/t Au for 90,000 oz CIP Ore; Heap Leach: 3,274,000 tonnes at 0.29 g/t Au for 30,000 oz (as of Jan 1, 2024)
Mineral Resources
Ulaanbulag Mineral Resources as of January 01, 2024 (referenced in text but table not fully shown)

Altan Tsagaan Ovoo Project (ATO)

Gold· Eastern Mongolia· Production
Feasibility
Aug 2022
NPV (After-Tax) @ 5%$242M
NPV (Pre-Tax)$364M
Initial Capex$129M
Mine Life14 yrs
Head Grade1.13 g/t Au, 12.43 g/t Ag
Recovery79.2%
Mine TypeOpen-pit
Strip Ratio3.6
Ownership100%
Mineral Reserves
29.1 Mt at 1.13 g/t Au and 12.43 g/t Ag, containing 1.1 Moz Au and 11.7 Moz Ag (Proven & Probable)

Project figures are automatically extracted from company filings and presentations and reflect the most recent disclosure found. They may contain errors — always verify against the linked source document.

Financial Metrics

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Quick Facts

Ticker Symbol
STGO.TO
Market Cap
Small Cap
Category
Gold
Commodities
Gold

This information is for educational purposes only and does not constitute investment advice. Always conduct your own research before making investment decisions.

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